The Side Hustle Series 2 - Don't Just Sit There, Take Action

This is part 2 of the side hustle series that I am writing to guide those that want to take the side hustle method to increase your income. If you have not read part one, the link is here.

Now that you have validated your idea (or even if your idea is not validated), it is time for you to make your idea into something concrete. With the advancement of technology, especially the internet, it is possible for you to start something without paying a single cent. Remember that your main aim is to create a mini-experiment, not the final product. This mini-experiment will let us know if the idea that we want can become a viable side hustle or if it is not something that the market is looking for.

Storytime

When we started The Malaysia Dividend Champions List, we started with the most basic structure. We only have a few parameters that are critical to our needs. We didn't focus on the aesthetic factor because it was not important yet. It took a while for us to get it to be acceptable for our soft launch. We called it the beta version. Once it was launched, we continue to improve it week after week. By the 10th issue, what we deem good has been created. Thus, we launched the official product on our 11th issue. Still, improvement continues to take place with feedback from our subscribers.

The main idea here is that it is okay to launch a not complete product as long as there will be continued improvement taking place. Let your customers know about it. If it does bring value to them, they will not mind. The customers may even help by giving constructive feedback to improve it.

 

It is important to get the product into something tangible or it will continue to be an idea in your mind only. And when someone else does the same thing and succeeds, you would only have yourself to blame because of your inaction.

But if your side hustle actually takes off, you will have to think of the following:

1. What do you think about your side hustle?

2. Do you like it?

3. Do you mind taking the time and effort to continue this side hustle?

4. Does it bring you the joy that you hope for?

5. What now? Do you have any plans for the future?

6. Would you want to continue with this side hustle?

7. Would you want to bring it up to the level of a full-time business?

Again, take action. At least even when you failed, you can tell others that you have tried but it was not meant to be.

If you have not read Part 1 of the Side Hustle Series, you can click here.